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what's the obama white house saying about all of this? >> they're effectively saying that the economy, while it's still weak, is showing signs that the president's policies are working, that his agenda is finally getting traction in the economy. here's what the president had to say. >> there are too many middle class families that are still struggling to pay the bills. they were struggling long before the crisis hit. but today's news certainly is not an excuse to try and talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> that was friday right after the jobs numbers came out. i'll point out two meaningful things about those jobs numbers. one, you recall when his stimulus plan came out somebody in his administration said with the stimulus plan. it was never a promise, a projection. symbolically it's meaningful this is now below 8%. also now it's fallen for the first time not because fewer people are looking for jobs. actually, the number of people looking for jobs r
what's the obama white house saying about all of this? >> they're effectively saying that the economy, while it's still weak, is showing signs that the president's policies are working, that his agenda is finally getting traction in the economy. here's what the president had to say. >> there are too many middle class families that are still struggling to pay the bills. they were struggling long before the crisis hit. but today's news certainly is not an excuse to try and talk down...
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obama got bin laden. i'll get big bird. you tell that so and so romney anyone who bleeps with big bird bleeps with me. big bird even extended his middle finger at the candidate. >> and you're going to count on one that we all know and love. >> reporter: big bird started his own big bird parody account. reacted by crying and showed up in a deployment split screen. >> i like pbs. i like big bird. >> reporter: his reaction was a scream. >> not going to keep spending on money to borrow money from china to pay for it. >> aghh! >> reporter: his response included a message. >> f-u-m-i -- >> reporter: a message spilled out for myth. and this isn't the first time that mitt romney has stalked big bird. >> i like big bird and bert and ernie for my grandkids to like. >> reporter: o. >> he got rid of your jobs, now he wants to get rid of big bird's job. >> reporter: day after the debate the president joined in. >> thank goodness somebody is finally getting tough on big bird! we didn't know that big bird was driving the federal deficit.
obama got bin laden. i'll get big bird. you tell that so and so romney anyone who bleeps with big bird bleeps with me. big bird even extended his middle finger at the candidate. >> and you're going to count on one that we all know and love. >> reporter: big bird started his own big bird parody account. reacted by crying and showed up in a deployment split screen. >> i like pbs. i like big bird. >> reporter: his reaction was a scream. >> not going to keep spending...
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whether it's romney or obama let me do it my way. if i were obama what would i do? first of all let me show you. i'd come out with a 2 x 4. no no, say that line about the 5 trillion-dollar again. go ahead say it. >> romney: i'm not in favor of a 5 trillion-dollar tax cut. that's not my man. my plan is not to put in any tax cut that will effect the deficit. i will bring down the deductions and taxes at the same time so the revenue stays in. >> cenk: yeah, yeah, that sounds good. you're going to do a 20% tax cut across the board. then a 2 trillion-dollar increase in the defense budget. then you're going to keep most of the popular deductions. and then you're going to balance the budget. and then you're going to give everybody a free unicorn! that's not how it works mitt! you're lying! there is no 5 trillion-dollar in deductions that you take away from just the rich. that's preposterous. and i'm not going to let you get away with it. one wonders how long i will keep this 2 x 4 that is actually not a 2 x 4 on my shoulder, but we move forward. he says, well, before i go
whether it's romney or obama let me do it my way. if i were obama what would i do? first of all let me show you. i'd come out with a 2 x 4. no no, say that line about the 5 trillion-dollar again. go ahead say it. >> romney: i'm not in favor of a 5 trillion-dollar tax cut. that's not my man. my plan is not to put in any tax cut that will effect the deficit. i will bring down the deductions and taxes at the same time so the revenue stays in. >> cenk: yeah, yeah, that sounds good....
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obama's surprise, thanks hilda. hilda solis is responsible at the bureau of statistics which puts out the job numbers. >> i have the highest regard for our professional staff at the bureau of statistics. folks that have been working in this area for many years and this is a methodology that's been used for decades. it is insulting when you hear people just cavalierly say that somehow we are manipulating numbers. i find that very insulting. >> solis, not solis. for the record, here's how the process works. the raw data comes in on wednesdays, the week before the monthly report. the bureau of statistics makes calls around to 60,000 house holds and asks who is working. that's where the unemployment rate comes from. for job growth and job loss, they gather payroll data from businesses. everyone who touches the data signs confidentiality agreements. documents are locked in safes. windows are actually papered over. custo custodians don't even empty the trash until it's over. they give them 12 hours in advance with apparen
obama's surprise, thanks hilda. hilda solis is responsible at the bureau of statistics which puts out the job numbers. >> i have the highest regard for our professional staff at the bureau of statistics. folks that have been working in this area for many years and this is a methodology that's been used for decades. it is insulting when you hear people just cavalierly say that somehow we are manipulating numbers. i find that very insulting. >> solis, not solis. for the record, here's...
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certainly some welcome news for team obama. a liberal economist cautioned that it is almost certainly a statistical fluke. john roberts is alive and st. petersburg, florida, where he will be reporting today. >> virginia has been hit hard by job losses in the coal industry. saying that the only reason why the unemployment dropped from 8.2% up to 7.8% is because so many people has dropped out of the work force. if it was a real number, it would probably be more like 11.5%. >> when i am president, the unemployment rate is going to come out, not because people are giving up and jumping out of the workforce, but because we are creating more jobs. i will create jobs and get america working again. reporter: governor romney continuing to have plans to raise taxes on wealthier americans. they would get hit with that tax increase and that cost as many as 700,000 jobs. again, the governor in abington. >> yesterday the vice president blurted out the truth. he said in fact that they do want to race taxes a trillion dollars. i want to create
certainly some welcome news for team obama. a liberal economist cautioned that it is almost certainly a statistical fluke. john roberts is alive and st. petersburg, florida, where he will be reporting today. >> virginia has been hit hard by job losses in the coal industry. saying that the only reason why the unemployment dropped from 8.2% up to 7.8% is because so many people has dropped out of the work force. if it was a real number, it would probably be more like 11.5%. >> when i...
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>> it was a mistake for president obama to ask him about that, it was wrong for president obama not to say, mitt romney, are you calling out the republicans who are voting for the jobs bill in the senate? president obama left a whole bunch of stuff on the table that he could have brought up. he absolutely should have asked him about it because it's a central issue when you talk about where we stand in this country. i simply say to ali, i know he's your guy. >> he's even saying preexistent conditions will be covered, but people who lose their job can keep their health insurance for a time. that's not what people think of when they think of a preexisting condition. >> it's something that when republicans repeal obamacare and try to replace it, they'll have to come up with that replacement so people don't gain in the system -- >> so was he lying or mistaken about his own policy? >> there is a provision in there, anderson, that will cover a portion of the people who don't have health insurance. if you paid your premiums and you have health insurance, you can't be turned down. what he's tal
>> it was a mistake for president obama to ask him about that, it was wrong for president obama not to say, mitt romney, are you calling out the republicans who are voting for the jobs bill in the senate? president obama left a whole bunch of stuff on the table that he could have brought up. he absolutely should have asked him about it because it's a central issue when you talk about where we stand in this country. i simply say to ali, i know he's your guy. >> he's even saying...
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the case for obama and particularly the case for obama on the economy more clearly than anyone else has on the campaign. >> no president, no president, not me, not any of my predecessors, no one could have fully repaired all the damage that he found in just four years. when president barack obama took office, the economy was in free fall, it had just shrunk. we were losing 750,000 jobs a month. the are we doing better today? the answer is yes. >> and we should say, we are actually back now to where we were when obama got in office. but do you think bill clinton is right there? did obama do all that could have been done? >> well, i think he did all that could have been done that the congress would let him do. with hind sight, the stimulus package should have been bigger, but at the time it was put together, there were two things that were constraining it. one was we didn't know how bad the economy was at that moment. it was still getting worse. but nobody knew how much worse it was getting. and the other was sort of sticker shock. it was a big number and the congress wasn't prepared
the case for obama and particularly the case for obama on the economy more clearly than anyone else has on the campaign. >> no president, no president, not me, not any of my predecessors, no one could have fully repaired all the damage that he found in just four years. when president barack obama took office, the economy was in free fall, it had just shrunk. we were losing 750,000 jobs a month. the are we doing better today? the answer is yes. >> and we should say, we are actually...
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president obama did not win the first debate against mitt romney. whether or not you're happy about that, he didn't win. but if your takeaway from this conspiracy theory in this debate is the reason the president didn't win is because mitt romney cheated, then what is the utility of that theory for you? what is the utility of that information? how do you think president obama should then prepare for the second debate? should he just do exactly what he did this past wednesday night, except keep a closer eye out for the cheating because that is the only reason he lost? i mean, it may be comforting to tell yourself this is what really went wrong here but that is not really what went wrong here, and making the case that it was what went wrong does not help your candidate. the worst example of this though, the invention of a comforting new parallel reality that does not mean you have to face hard truths. the worst new instance of this is how the right today responded to the new jobs numbers. today the unemployment rate dropped from 8.1% to 7.8%. it didn'
president obama did not win the first debate against mitt romney. whether or not you're happy about that, he didn't win. but if your takeaway from this conspiracy theory in this debate is the reason the president didn't win is because mitt romney cheated, then what is the utility of that theory for you? what is the utility of that information? how do you think president obama should then prepare for the second debate? should he just do exactly what he did this past wednesday night, except keep...
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that's what troubled us watching president obama. let's jump ahead, and some of my friends get angry when this. but i think this campaign will be a nice solid win for president obama. i want to project to the second term. i know-- >> no complacency. >> eliot: all caveats aside. >> i think a better direction and no complacency. >> eliot: that's exactly right. the pennsylvania voting i.d. structure top texas struck down. the courts are doing something hugely important. the rule of law is being established as a foundation piece of the electoral process once again. >> that is important. >> eliot: back to my question. second term you have been critical of president obama on issues of civil liberties foreign policies, where do you see him going? >> on that front we have an editorial in our last issue. i would call it the election editorial but we do say reelect president obama. because the stakes are too high. but the forward movement, we saw gay rights. we need to stand up and say we're not secure with the escalation of drone wars or viol
that's what troubled us watching president obama. let's jump ahead, and some of my friends get angry when this. but i think this campaign will be a nice solid win for president obama. i want to project to the second term. i know-- >> no complacency. >> eliot: all caveats aside. >> i think a better direction and no complacency. >> eliot: that's exactly right. the pennsylvania voting i.d. structure top texas struck down. the courts are doing something hugely important. the...
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and the barack obama every day that they see on the campaign trail, the barack obama we saw in wisconsin the day after the debate, is a president who is fighting for them. and this president has to do that in those moments when there are millions of people watching on tv. >> here is an example of the closing statement by the president that people felt was so lackluster. watch a clip of this. >> you know, four years ago, i said that i'm not a perfect man, and i wouldn't be a perfect president. and that's probably a promise that governor romney thinks i've kept. >> mike murphy. >> well, yeah. the president -- as the speaker said, the president got a huge chunk of unfiltered television time and lost the debate because he had nothing to say. that is a fundamental problem of the obama campaign. they have the thinnest election brochure ever. very short on accomplishments. huge national debt. none of the jobs promised. now trying to start a parade about economic statistics and saying things are now just as bad as they were when he started. what i think really worked in the debate was romney see
and the barack obama every day that they see on the campaign trail, the barack obama we saw in wisconsin the day after the debate, is a president who is fighting for them. and this president has to do that in those moments when there are millions of people watching on tv. >> here is an example of the closing statement by the president that people felt was so lackluster. watch a clip of this. >> you know, four years ago, i said that i'm not a perfect man, and i wouldn't be a perfect...
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do you think the obama camp knew mr. romney would be ready with the 47% question answer and decided not give him the chance to clear it up with 65, 67 million people watching? >> definitely a missed opportunity. you see it today. they're going to keep attacking him noor video and keep attacking him on bain and you're seeing him release the president's campaign release another -- >> pardon? go ahead. i'm sorry. interrupted? somebody talk in your ear. >> sorry about that. >> finish your thought. >> you're going to see them attack again. they're going to keep attacking on -- keep saying that mitt romney is bending the truth. that's something you're going to see in the coming weeks. you're going to see them talk -- they released a campaign ad today appearing in eight swing states and you'll see them continue to the portray that in the comes weeks. >> it's an acquired skill, talking in your ear in the middle of a sentence. >> totally. i didn't know where i was for a minute. >> it's all good. saying it wasn't me. we're going t
do you think the obama camp knew mr. romney would be ready with the 47% question answer and decided not give him the chance to clear it up with 65, 67 million people watching? >> definitely a missed opportunity. you see it today. they're going to keep attacking him noor video and keep attacking him on bain and you're seeing him release the president's campaign release another -- >> pardon? go ahead. i'm sorry. interrupted? somebody talk in your ear. >> sorry about that....
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that is not a number barack obama should be crowing about. t not a number mitt romney should be accusatory about. barack obama has created more jobs while in office than were lost, but mitt romney points out correct lew, they are not the right quality. no, this is not morning in america. it's also not a disaster. >> ethan, jump in here. are you encouraged? >> i am. i totally agree with ali. mitt romney's been saying that we've been having x month of unemployment above 8%. he can't that anymore. on top of that, the president can say he's created over a million private sector jobs, so he has some new powerful rhetorical arrows that are in his quiver. >> when i saw this today, i thought this fits perfectly into this narrative of a country that's divided because it's a little bit good news. not a lot, and it leaves everybody with room to argue. >> symbolically, it was a victory for the white house to get that unemployment rate under 8% along with just about everybody else. i predicted that would be the key to obama winning re-election, but object
that is not a number barack obama should be crowing about. t not a number mitt romney should be accusatory about. barack obama has created more jobs while in office than were lost, but mitt romney points out correct lew, they are not the right quality. no, this is not morning in america. it's also not a disaster. >> ethan, jump in here. are you encouraged? >> i am. i totally agree with ali. mitt romney's been saying that we've been having x month of unemployment above 8%. he can't...
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maybe obama saw this because the significance of the last 3 1/2 years in the obama presidency is there was never cooperation or rarely cooperation. no or very few bipartisan agreements. the only time they did something was when they brought joe biden in to negotiate with the republicans. so maybe obama sensed that. but i don't know -- it's worthy to investigate. >> sean: yeah. one theory i have, i want to ask you one more question about your theory. i would argue, $6 trilon in debt, very hard to explain away. i would argue that, you know when 2012 economically is worse than 2011, which was worse than 2010, unemployment in 2012, fewer jobs in this year than last year and the year before. things are trending down. obviously, that's troubling for the president in terms of trying to defend it. but back to your theory, if he was so bad that there something else going on, that could be troubling in and of itself. you know, we need presidents that are strong. you know, bill clinton, as critical as i was during monica lewinsky, you have to hand it to him, his ability to compartmentalize, do hi
maybe obama saw this because the significance of the last 3 1/2 years in the obama presidency is there was never cooperation or rarely cooperation. no or very few bipartisan agreements. the only time they did something was when they brought joe biden in to negotiate with the republicans. so maybe obama sensed that. but i don't know -- it's worthy to investigate. >> sean: yeah. one theory i have, i want to ask you one more question about your theory. i would argue, $6 trilon in debt, very...
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president obama says his record on foreign affairs speaks for itself. yet a may gallup polls show vets favor governor romney. in fact, during wednesday's debate governor romney reiterated his commitment to strengthen the nation's military. >> we have a responsibility to protect the lives and liberties of our people, and that means a military second to none. i do not believe in cutting our military. i believe in maintaining the strength of america's military. >> so let's bring in beau biden, attorney general for the state of delaware. he is also a major in the delaware national guard having served a 12-pomonth deployment iraq. he's also the vice president's son. mitt romney has hammered president obama for the automatic military cuts that could take place as a result of congress failing to reach a debt deal. even the defense secretary said the cuts could be staef dating. does that hurt the president in the vet community? >> number one, congress must act and avoid sequestration op any of these defense cuts. number two, you know, governor romney seems to c
president obama says his record on foreign affairs speaks for itself. yet a may gallup polls show vets favor governor romney. in fact, during wednesday's debate governor romney reiterated his commitment to strengthen the nation's military. >> we have a responsibility to protect the lives and liberties of our people, and that means a military second to none. i do not believe in cutting our military. i believe in maintaining the strength of america's military. >> so let's bring in...
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when you went head-to-head with obama in 2008, the polls said 51% obama, 38% mccain. do you think you would have done better against the obama that was debating this week? >> i think so, piers, but you know, it would sound like i am now trying to rewrite history or i would have done better. you know, i never tried to do any of that looking back and certainly not in anger or bitterness. but i think it is true that during the 2008 campaign, the president or then senator obama had no record to defend, and one of the reasons why mitt did so well in this debate was because mitt was -- i think very legitimately, attacking his record, whether it be the $90 billion in subsidies for energy or a number of the other things that he pointed -- the failure of dodd-frank, and so the president had a record to defend this time, but one, do not underestimate the president of the united states. he will come back strong. i think mitt has to be prepared for that. and also, as you mentioned, these job numbers will give him a bit or something of a bot today. >> we've got the vp debate comin
when you went head-to-head with obama in 2008, the polls said 51% obama, 38% mccain. do you think you would have done better against the obama that was debating this week? >> i think so, piers, but you know, it would sound like i am now trying to rewrite history or i would have done better. you know, i never tried to do any of that looking back and certainly not in anger or bitterness. but i think it is true that during the 2008 campaign, the president or then senator obama had no record...
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that would be the lowest since president obama took office. now, before we get into what jack welch tweeted, here's how president obama reacted to the economic news. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country's come too far to turn back now. >> president obama on the campaign trail today. now here's what mitt romney said. >> the unemployment rate as you know this year has come down very, very slowly but it's come down nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> he went on to say the country can do better, which is about what you would expect him to say, same as you would expect president obama to say what he said. that's the way the two sides do it, year in, year out, campaign after campaign. what no one does, at least not until now, is look at the numbers and suggest the fix is in. th
that would be the lowest since president obama took office. now, before we get into what jack welch tweeted, here's how president obama reacted to the economic news. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country's come too far to turn back now. >> president obama on the campaign trail today. now here's what mitt romney said....
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and an outside adviser to president obama. also with us tonight is democratic strategist bob shrum two of the best here to talk about the economy and political ramifications of all of this. mr. wolf good to have you with us tonight. >> thanks for having me, ed. >> you were right there on the ground floor when president obama was dealing with this economic crisis. take us where we were and where we are and encapsulate it for our audience. >> we know where we were. the stock market was a hundred percent lower right at 6,000. we're at a five-year high. and we were losing 750,000 jobs when he entered office. i'd rather talk about where we are today because i think today's numbers are a culmination of policies that have led to a recovery that we need to continue but we are starting to see the culmination of these policies actually lead to very good things. let's talk about it. people aren't discussing the average hour work week. it came in at 34 1/2, which is a prerecession number. mortgage foreclosures are at a four-year low. hous
and an outside adviser to president obama. also with us tonight is democratic strategist bob shrum two of the best here to talk about the economy and political ramifications of all of this. mr. wolf good to have you with us tonight. >> thanks for having me, ed. >> you were right there on the ground floor when president obama was dealing with this economic crisis. take us where we were and where we are and encapsulate it for our audience. >> we know where we were. the stock...
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let me hear some obama substance. your substance is always to attack romney. >> if he had a couple of sharp ideas and looked like he liked the job, he would have had a much better debate. >> mitt romney said my health care plan will do the same thing. >> it doesn't seem to me that it's as binary as this, mr. speaker. think there's an issue of whether something has to give. can you talk about fact checkers, simpson and bowles, i've spoken to them specifically and romney praises them. they say look the math doesn't add up. something has to give. you have to specify where the deductions are, you can't increase defense spending, extend the bush tax cuts, do 20% on top of that and just say, well no, it's going to be okay. we'll grow our way into it. that does raise a fair amount of scrutiny. >> sure. i think that's legitimate. first of all. romney has said to the degree they can't get the loopholes closed in congress, he'll reduce the tax break. that he's going to stick to the principle, it's going to pay for itself. secon
let me hear some obama substance. your substance is always to attack romney. >> if he had a couple of sharp ideas and looked like he liked the job, he would have had a much better debate. >> mitt romney said my health care plan will do the same thing. >> it doesn't seem to me that it's as binary as this, mr. speaker. think there's an issue of whether something has to give. can you talk about fact checkers, simpson and bowles, i've spoken to them specifically and romney praises...